Housing

From the Case-Shiller PDF release today.Steep Declines in Home Prices Continued in April 2008 According to the S&P/Case-Shiller Home Price IndicesNew York, June 24, 2008 - Data through April 2008, released today by Standard & Poor's…

I keep a bunch of articles on my blog's sidebar as a reminder of what was being said about the housing bubble, when and by whom. One article I omitted is from The Economist, warning of a 'global' housing bubble and illustrating…

Mike Morgan is a Florida real estate professional with years of experience. He is often featured on Mike Shedlock's site with his commentary of Florida real estate as ground zero in the housing bubble. He writes about his basic premise…

From Firstrung:UK house prices fall 1.2% in June as house price growth reaches near zero for past twelve months - Rightmove U.K. house prices have declined by their biggest amount so far this year as buyers shun the…

I am running a small poll on my site on how far home prices will fall. I'd like everyone to take it to get a good sample of opinions out there. Visit my site and you'll see the poll right at the top right on the sidebar.Where are prices…

Freddie Mac has reported that 30-year fixed-rate mortgages are at an nine-month high. What this will mean for the mortgage market during these critical summer months is anyone's guess. My best guess is that, combined with tighter lending…

I caught this story over at FT Alphaville. Kind of funny. (see story here).

I am pretty well satisfied that the subprime mess has reached its pinnacle. While there may yet be many more defaults, much of the disaster in subprime is baked into the cake. It's time to move on. But, move on to what? Most analysts say…

In the Washington Post today, Martin Feldstein gives is view on housing. His view is that a downward spiral is likely unless we act to prevent it. Hisplan is essentially a government bailout. Martin Feldstein is the President of the…

This comes from Bloomberg News via one of their top finance commentators, Caroline Baum.Why Real Estate Market Is Nowhere Near a Bottom: Caroline BaumCommentary by Caroline Baum…